Defo. Option is only to hedge not to make a huge profit
SubstantialEnema on
keep going you gotta lose it all to qualify for food stamps.
Material-Emotion1245 on
I traded naked options five years ago 😂 made 100x and then lost it all 😂 luckily my stocks were up and made some back. Havent traded options since then
playa4thee on
I do options with a rule: Only spend a certain percentage of your profit on them. And once the ones you buy make you some money, buy some more. At the same time, with that profit, you buy 20% of a stock you like. This way, you keep adding to your account, not subtracting.
4 Comments
Defo. Option is only to hedge not to make a huge profit
keep going you gotta lose it all to qualify for food stamps.
I traded naked options five years ago 😂 made 100x and then lost it all 😂 luckily my stocks were up and made some back. Havent traded options since then
I do options with a rule: Only spend a certain percentage of your profit on them. And once the ones you buy make you some money, buy some more. At the same time, with that profit, you buy 20% of a stock you like. This way, you keep adding to your account, not subtracting.